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. the president still wants a big plan that would cut the deficit by $4 trillion. twice what republicans proposed. but here's the standoff. while republicans like the idea of cutting hundreds of billions of dollars from medicaid, medicare, and social security, democrats don't. and then republicans refuse the prprident's plan to increase taxes, revenue, by cutting subsidies on oil and gas companies and closing tax loopholes for other businesses. >> to get a big package would require big tax increases. it's a terrible idea. it's a job killer. >> reporter: and of course these talks face the deadline.. august 2nd. when the government will no longer be able to borrow to pay all of its bills. >> no responsible leader would say the united states of america, for the first time in its history, should not pay its bills, meet its obligations. that would be catastrophicor the economy. >> reporter: once again, just the fact that nobody talked about what happened in this hour and a half meeting does not bode well that they made a lot of progress. >>> a plane crash has taken the lives of a florida couple and th
big? yes, guys would say. >> i did go looking for answers to that very question and here's what i found. ♪ if you like it then you should have put a ring on it ♪ >> reporter: put a ring on it indeed. when you're the guy to put a ring on on kardashian, there's really only one rule. it better be big. really big. >> i'm engaged. >> color? colorless. >> cut? >> brilliant. >> clarity? >> slightly occluded. >> carat? >> almost, maybe just under, more than he could afford i'm sure -- >> reporter: the famed kim-k bling is nearly 22 carats. some say, enough already. >> i think it should be elegant. to have a chunk of stone on there, you catch it on everything, don't you. doesn't look nice. >> reporter: what ever happened to the sweet little engagement ring and spinning two months' salary? for some women bigger is always better. what do you think when you hear about this 21-carat diamond ring that kim got? >> fabulous, good on her, go for it. >> is there such a thing as too big? >> no. >> reporter: who's buying these giant rocks? lisa kline of levine jewel others madison avenue in manha
? >> ramifications everywhere. why is the president pushing for that big deal when they can't seem to agree on any deal. >> reporter: the president sees this as an opportunity to get something done, make a significant debt in the deficit. it doesn't get any easier down the road but peggy and daniel, everybody in washington has their eye os on the political calendar. next we're is the presidential year and every member of congress is up for re-election. it would be a lot harder if they did a short-term deal and do it all over again. the president doesn't want it to happen before election day and doesn't want a lame duck congress to deal with this. much better if they can get one that goes through early 20134 but at this point it's impossible to just get a deal. >> you heard him emphasize let's get this done, why delay the pain. abc's karen travers, thank you very much. >> the summer is here and the living ain't easy. blistering heat with nearly two dozen states under advisory or warnings. >> many shot into tripleigits shattering more record highs and the drought in texas and oklahoma is so severe r
on main street. >> reporter: to go big or not to go big? that is the question when it comes to raising the nation's debt limit. and after another meeting at the white house, the president and congress appear no closer to a deal. if the president and congress fail t tagree to raise the nation's debt limit, the forecasts sound almost apocalyptic. >> stock prices are going to fall, bond prices are going to fall, you're going to notice on when you logon to your 401(k). >> reporter: already family businesses like the feinbergs' bathroom fixtures company in ft. lauderdale, florida, have taken down the help wanted sign, waiting to hear if the u.s. government becomes a deadbeat. >> we want to hire employees. we want to grow our business. we want to spend money doing advertising. so it's just difficult. >> reporter: a new u.s. chamber of commerce survey says two-thirds of america's small businesses have no plans to hire in the coming year. >> everyone's scared. no one's going to make a move. >> reporter: yet after another white house meeting, it was another day without an agreement to extend th
. they say they were left out of the settlement and it wasn't big enough. >>> well, twitter is reportedly seeking more private finances. it could be valued as high as $7 billion. by not going public it gives itself more time to develop a more profitable business model. >> netflix is expanding to latin america. it is only available in two country, the u.s. and canada. the expansion to 43 more countries have been expected but few analysts thought the expansion would be this big. >>> your morning eggs and bacon breakfast gets more expensive. not the eggs but bacon. prices are sizzling. corn prices are at record highs and hog farmers are cutting prpruction. that makes it more expensive for shoppers to bring home the bacon, so to speak. >> is it possisie to have too much bacon? sorry vegetarians. >> i'm not a bacon person but most like it. i think you can have too much though, fyi. >>> reaction from outside the courtroom after the shocking casey anthony verdict. >>> did one of britain's most scandalous tabloids go too far? ♪ i may be mud, but i have standards. mops? please. some of them have
owned by disney. >>> also why the royal visits and weddings are fun to watch they're not without a big price tag. the royal family cost taxpayers $52 million last year, 5% less than the year before. the government shaved costs by deferring maintenance on the royal palaces. shaved a lot of maintenance apparently. >> yeah. when we come back, the jurury i the casey anthony murder trial will have theirir first full da of deliberations tuesday. >>> and also the mexican prisoner who tried to make a not so great escape. ♪ there's another way to minimize litter box odor: purina tidy cats. tidy cats premium line of litters now works harder to help neutralize odors in multiple-cat homes. and our improved formula also helps eliminate dust. so it's easier than ever to keep your house smelling just the way you want it. purina tidy cats. keep your home smelling like home. i'm more active, i eat right, i'm making changes to support my metabolism. and i switched to one a day women's active metabolism, a complete women's multivitamin, plus more -- for metabolism support. and that's a change i feel go
a tight-knit group. >> she looked gorgeous in her big gown. big day today over in london. we'll be right back. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement nsurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to " 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... insured by unitedhealthcare surance company, not paid by medicare part b. that can save you from paying .up to thousands of dollars... out of your own pocket. ththe are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp p medicare supplement insuranc. plus you'll get this free guide to understanding medicare. the prices are competitive. i can keep my own doctor. and i don't need a referral o see a specialist. call now to get a free information kit. plus you'll g
another big but a little listen sayingal story that is making headlines. the intense political debate over the federal debt. it's set to resume on capitol hill today. you'll see what's holding up a solution to this crisis. >> you have to think this is going to get done. that there is a hard and fast deadline here, that even though bothides are sort of playing their battles and holding their positions,s,hat eventually this is going to get resolved. >> it would be great because it is such a big sue, if we can put the partisan issues decided and get this accomplished. >> global ramifications here. >>> later this half hour, families who are a little teched out and may be spend don't go much time plugged into web and other technologies. sound a little familiar to you at home? put down your devices. we'll meet one young woman who admits spending 18 hours a day online. >> that's not good for you. >> there's got to be a balance here. perhaps you might think of a digital diet, say. >> i knew the plug was coming. shameless book plug right there. >>> we will talk a aut a little bit later, but first,
. >>> in minnesota the budget crisis i iso big the government is on the brink of simply shutting down. lawmakers had until midnight to strike a deal. they didn't. >> and that could mean that all the state parks will close. tete of thousands of workers will be laid off just before the holiday weekend. lawmakers have been in a six-month impasse over how to solve a $5 billion deficit. >>> in a first on the presidential campaign trail, congresswoman michele bachmann has revealed that she once suffered a miscarriage. >> bachmann is getting mostly high marks for making such a personal revelation on the painful topic. sharyn alfonsi has the details. >> reporter: it happened at a packed town hall meeting in south carolina. >> after our second child was born we became pregnant with a third baby. and it was an unexpected baby. but of course we were delighted to have this child. and the child was coming along. and we ended up losing that chilil >> reporter: the crowd stood still at attention. >> and it was devastating for both of us, as you can imagine. if any of you have lost a child. >> reporter: bachmann sa
. >> a step up from a tux t-shirt. >> looks good in spandex. >>> a big morning in hollywood and we'll show you why. >>> also the former -- formal, rather, farewell for a first lady. today her hometown says good-bye. we all have internal plumbing. but for some of us with overactive bladder, our pipes just don't work as well as they should. sometimes, i worry my pipes might leak. but i learned there's something more i can do. now, i take care with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with symptoms of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesicare may cause allergic reactions that may be serious. if you experience swelling of the face, lips, throat or tongue, stop taking vesicare and get emergency help. tell your doctor right away if you have severe abdominal pain, or become constipated for three or more days. vesicare may cause blurred vision, so use caution while driving or doing unsafe tasks. common side effects are
but viewers still love it even to this day. the reruns are a big hit. decades later on cable tv. >> a classic moment. >> i hate to laugh at that but it really was. marcia, marcia, marcia! >> these shows did illuminate these struggles teenagers had, albeit in this semi-perfect way. sherwood schwartz died yesterday of intestinal infection, he was 94 years old. >> what a career. he definitely gave a lot of us a lot of joy watching those shows. i think a lot of people consider florence henderson to be america's mom, mrs. brady. >> the characters wind gilligan's island, we talked about how it was a social microcosm, looking at how people of different backgrounds had to get together to figure things out. i would consider myself the professor. >> you would be the perfect professor. >> i think you'd be ginger. >> are you a ginger or a marianne? everybody knows what that vernacular means. >>> take a look at your forecast here now. heat advisories from texas and across much of the southeast. thunderstorms in new orleans, montgomery, and miami. hail and 80 mill an hour winds from kentucky to colorado. h
with your debts. august 2nd is the big date that's looming. perhaps a temporary fix is not going to do the job to delay the payment. >> the president a amant he is not going to extend that august 2nd date. we'll have to see who gives here because there's got to be a compromise. >>> world leaders are condemning a deadly terror attack in mumbai that killed at least 17 people and injured dozens more. three coordinated bombs tore through the city's busy financial district during the evening rush. so far there's been no claim of responsibility. indian officials blame the attack on terrorists with links to pakistan. >>> the british phone-hacking scandal has spread to the u.s. capitol hill lawmakers demand an investigation into whether reporters from rupert murdock's papers tried to get phone numbers of 9/11 victims. as lama hasan reports, the scandal forced murdock to back off of his expansion plans. >> reporter: in a stunning reversal of fortune, rupert murdock has withdrawn his $12 billion bid to fully own skyb. >> what has happened to this company is disgraceful. it's got to be addressed
.c. is about 5 degrees above average. seattle near 80. that's a big day. and also anchorage comes in at 65. >> that's a scorcher in seattle. >>> it's time for your morning -- ready -- aww! >> these are cute. check out these newborn tiger cubs making their very first public appearance at the zoo in budapest where they were born last month. nothing cuter than a tiger cub until they get bigger than your car. >> boat of these three male siberians is a big deal, by the way. zookeepers are proud to point out they are part of an endinged species with only a few minute remaining in the wild. their names are virgil, thrax and manning. cute, cuter and cutest. >> mom carries them around in her mouth. >> just like a cat with their kittens. >> carry them around. i think that's impressive. we'll be right back with more "world news now." you go next if you had a hoveround power chair? the statue of liberty? the grand canyon? it's all possible ith a hoveround., tom: hi i'm tom kruse, inventor rand founder of hoveround., when we say you're free to see the world, we mean it. call today and get a free overou
Search Results 0 to 12 of about 13